New Addition to the RGWM Team

February 22, 2021

It is my pleasure to announce that Daniel Tripp is our newest addition to the Redwood Grove Wealth Management team. Dan joins us as an Associate Financial Planner, helping deliver superb client care to our clients. Dan holds a Master of Science in Advanced Financial Planning from Golden Gate University and is also a CERTIFIED FINANCIAL PLANNER™ professional with four years of experience. Read more

What Does Gamestop Teach Us About Investing?

February 16, 2021

The short answer is not much. The more nuanced answer is that it shows what happens when too many people pile into the stocks of small, thinly-traded stocks (i.e., low daily volume traded). Too much demand relative to supply pushed the prices of stocks like Gamestop far beyond what their underlying fundamentals warranted. Read more

Set Financial Intentions, Not Resolutions

January 6, 2021

After 2020, setting lofty resolutions for 2021 might feel like a stretch, when just getting through the day can feel like a success. Instead, use the turning of the calendar as a time to reflect on what adaptions from 2020 you’d like to keep going forward. Also, instead of setting resolutions, try setting intentions. Here’s how that might look in your financial life. Read more

What Prop 19 Means for California Homeowners

December 7, 2020

One of the dozen state propositions on the California ballot this year was Proposition 19. It was one of two propositions to address property taxes. It passed with 51% voting in favor, while the other property tax-related proposition, Prop 15, failed. What does Prop 19 mean for California homeowners? Read more

Elections and the Stock Market

October 9, 2020

The 2020 election is arguably one of the most important elections in a lifetime. Much is at stake: management of the pandemic, the economy and on-going racial strife, trade relations with China, and election integrity and its impact on our democracy. Many investors are wondering how this election might impact the stock market. Read more

Is the Federal Government Going Broke?

August 6, 2020

The federal government has already poured $3T into the economy to soften the economic pain caused by the coronavirus. It is currently debating sending another $1T to $3T into the economy to deal with the prolonged nature of the downturn. You might be worrying about the impacts on current and future generations of this high level of spending. After all, how is the government going to pay for it all? Doesn’t the federal government have to balance its budget eventually? Sadly, there are several pervasive myths related to the federal government’s deficit that lead to misunderstanding and confusion. Here are a few of the more common ones: Read more

Deconstructing the Stimulus Plan

April 2, 2020

On Friday, March 27th Congress and the President signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, an unprecedented stimulus package worth $2T to address the economic impacts of COVID-19. Here are some of the aspects of the plan that might impact you. Read more

How to Protect Yourself and Loved Ones from Financial Fraud

February 4, 2020

Almost every day there is an article in the news about financial fraud. Much of it impacts seniors, like a recent scam involving fraudsters posing as social security representatives. However, we are all at risk, especially if we believe we are too young, too smart and too vigilant to fall for a scam. Sadly, the scam artists are very sophisticated and intelligent too, and are experts at separating people from their money.
That said, much of the financial fraud targets seniors, because our cognitive ability declines as we age and this reduces our ability to handle financial complexity and makes us vulnerable to abuse. Read more

Redwood Grove Wealth Management Joins One Percent for the Planet

January 10, 2020

As part of our certification process as a B Corp last year, Redwood Grove Wealth Management made a commitment to donating one percent of our revenue to charity each year. Historically, we have supported a variety of non-profits focused on causes related to financial literacy and the environment. However, we recently learned about an organization called One Percent for the Planet, that is trying to address the under-allocation of charitable dollars to fight environmental issues. Read more

Looming College Deadlines

October 2, 2019

I’m currently taking a class on college planning, so this topic is top of mind. Additionally, the fall is the time high school seniors apply for colleges and financial aid. As such, it seems a good time to remind people of the various types of deadlines to stay on top of this time of year. Read more